# Convey Computer Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/convey-computer

- Industry: Hardware
- Headquarters: Richardson, US
- Website: www.conveycomputer.com
- Total disclosed funding: $40M
- Latest round: Series B (Jul 29, 2009)
- Investors on record: 6

## About

Convey Computer Corporation specializes in high-performance computing solutions, catering to complex data processing needs across various industries, with a focus on optimizing system performance and efficiency.Convey Computer Corporation is a technology company based in Richardson, US, focused on high-performance computing solutions. Founded in 2006, the firm has undergone strategic changes over the years, including its acquisition by Micron Technology, Inc. in March 2015. The founder has not been specified in the available information. Convey has completed a total of 5 deals, with the latest funding round being VENTURE DEBT, raising USD 2.99 mn, contributing to a total of USD 15.50 mn raised.Convey Computer Corporation specializes in high-performance computing solutions aimed at addressing the needs of various industries. Their offerings include advanced computing architectures and technologies designed to enhance computational speed and efficiency, making them suitable for applications such as data analytics, machine learning, and complex simulations across a multitude of sectors. The company serves customers globally, including enterprises and organizations requiring robust computational solutions.Convey Computer Corporation generates revenue primarily through the sale of high-performance computing systems and associated services. The company engages in direct sales and partnerships, facilitating access to its innovative computing solutions for enterprises that rely on advanced processing capabilities to drive their operations. The pricing of their products is influenced by market demand, technological advancements, and the specific requirements of their clients.Convey Computer Corporation is focused on expanding its product offerings with new high-performance computing solutions slated for launch in the coming years. The company is also targeting expansion into new markets, particularly in Europe and Asia, by 2025, aiming to enhance its global footprint. The recent funding from the VENTURE DEBT round will be utilized to support these initiatives, specifically in product development and market entry strategies following its acquisition by Micron Technology, Inc. in March 2015.

## Funding rounds

- Series B, Jul 29, 2009, $24M — InterWest Partners, RHO, Intel Capital, Braemar Energy Ventures, CenterPoint Ventures, Xilinx Ventures
- Series A, Jul 30, 2007, $16M — InterWest Partners, RHO, Intel Capital, CenterPoint Ventures

## Investors

- InterWest Partners (https://capitalatlas.ai/funds/interwest-partners) — Series A, Series B
- RHO (https://capitalatlas.ai/funds/rho) — Series A, Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- CenterPoint Ventures (https://capitalatlas.ai/funds/centerpoint-ventures) — Series A, Series B
- Braemar Energy Ventures (https://capitalatlas.ai/funds/braemar-energy-ventures) — Series B
- Xilinx Ventures — Series B